Luxury market shows early signs of recovery in Q2 despite Middle East war, Bain says

FashionNetwork - The World's Fashion Business News· June 28, 2026

The global luxury goods market is exhibiting initial signs of a recovery in the second quarter, according to a report by consultancy firm Bain & Company. This positive momentum persists despite the ongoing impact of the Middle East conflict on regional stability and consumer confidence. For the luxury sector, these findings indicate a potential shift toward growth following a period of heightened geopolitical and economic uncertainty.

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